Oriel Communications changes its name to FCPB Investments from 20 December 2007

On 20 December, FCP Brencorp (“FCPB”) has taken an 83.3% controlling stake in Oriel Communications Limited (ASX: OCO) (“the Company”) following the completion of the transaction approved by shareholders at the Company’s Annual General Meeting held on 30 November 2007.

FCPB’s strategic objective is to transform the Company into an ASX-listed managed direct investment company that invests in companies operating in the high-growth Asian markets, with an emphasis on China. To represent the company’s new business strategy, Oriel Communications will change its name to FCPB Investments Limited (FCPBI) immediately and its new ASX ticker code will appear as FCP.

On 30 November 2007, OCO shareholders voted in favour of FCPB’s proposal to invest $21.5 million in the Company and transfer its 28% investment in Australian listed OnCard International (ASX: ONC) in lieu of the issue of shares representing an 83.3% shareholding in the enlarged group.

FCPBI is one of the primary investment vehicle of FCP Brencorp Limited (FCPB), a company wholly owned and the Australian based Brencorp group of companies.

FCPB has already made a number of private investments in China in the financial services and transport sector, and believes that FCPBI will now allow other Australian investors to gain access to these identified high-growth markets of China and Asia under a managed Australian ASX-listed corporate infrastructure.